Lithium Chile Announces Approval of Warrants Extension
LITHIUM CHILE ANNOUNCES APPROVAL OF WARRANTS EXTENSION
TSX Venture Exchange: LITH For Immediate Release
OTC-QB: LTMCF
CALGARY , ALBERTA, June 28, 2024 – Lithium Chile Inc. ("Lithium Chile" or the " Company") is pleased to
announce that the applicaƟon to extend the expiry date of: (i) an aggregate of 6,922,817 outstanding
common share purchase warrants ("Warrants") issued by the Company as part of a unit of the Company
in connec Ɵon with a non -brokered private placement announced on October 25, 2021, and further
amended on October 26, 2021 and on October 29, 2021 (the " 2021 Warrants"); and (ii) an aggregate of
5,774,279 Warrants issued by the Company as par t of a unit of the Company in connec Ɵon with a non -
brokered private placement announced on December 21, 2021, and further amended on January 24, 2022
(the "2022 Warrants"), was approved by the TSX Venture Exchange (the "TSXV").
The 2021 Warrants and the 2022 Warrants are now set to expire on September 30, 2024 (the "Approved
Extension").
The securiƟes being offered have not been, nor will they be, registered under the United States SecuriƟes
Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or
benefit of, U.S. persons absent registraƟon or an applicable exempƟon from the registraƟon requirements.
This news release will not consƟtute an offer to sell or the solicitaƟon of an offer to buy nor will there be
any sale of the securiƟes in any state in which such offer, solicitaƟon or sale would be unlawful.
ABOUT LITHIUM CHILE:
Lithium Chile is an exploraƟon and lithium resource company with a lithium property porƞolio consisƟng
of 111,978 hectares in Chile and 29,245 hectares in ArgenƟna. The Company has filed a NI 43-101 Report
and Preliminary Economic Assessment on its Arizaro project in ArgenƟna and expects to finalize the next
step – a prefeasibility study – before the end of June.
Lithium Chile also owns 5 properƟes in Chile totaling 22,629 hectares that are prospecƟve for gold, silver
and copper.
On September 21, 2023, Lithium Chile announced the hiring of PI Financial Corp. as its financial advisor to
seek strategic alternaƟves. That process is underway as the Company conƟnues to enhance the underlying
value of its assets including comple Ɵon o f the PFS and the related resource volumes, resource
classificaƟons and valuaƟon parameters associated therewith. Lithium Chile’s common shares are listed
on the TSXV under the symbol "LITH" and on the OTC-QB under the symbol "LTMCF".
To find out more about Lithium Chile, please contact Steven Cochrane, President and CEO via email:
[email protected] or Michelle DeCecco, Vice President and COO, via email [email protected].
FORWARD LOOKING STATEMENTS:
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS
DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY
OR ACCURACY OF THIS RELEASE.
NOT FOR RELEASE IN THE UNITED STATES:
This news release may contain certain forward-looking informaƟon and forward-looking statements within
the meaning of applicable securi Ɵes legisla Ɵon (collec Ɵvely "forward-looking statements"). Generally,
forward-looking statements can be iden Ɵfied by the use of forward-looking terminology such as
"expected", "anƟcipated", "aims to", "plans to" or "intends to" or variaƟons of such words and phrases or
statements that certain acƟons, events or results "will" occur. Such forward-looking statements are based
on various assumpƟons and factors that may prove to be incorrect, including, but not limited to, factors
and assumpƟons with respect to: the general stability of the economic and poliƟcal environment in which
the Company operates; and the Ɵmely receipt of required regulatory approvals. You are cau Ɵoned that
the foregoing list of material factors and assump Ɵons is not exhaus Ɵve. Although Lithium Chile believes
that the assumpƟons and factors on which such forward -looking statements are based upon reasonable
assumpƟons, undue reliance should not be placed on the forward -looking statements because Lithium
Chile can give no assurance that they will prove to be correct or that any of the events anƟcipated by such
forward-looking statements will transpire or occur, or if any of them do, what benefits Lithium Chile will
derive there from. Lithium Chile does not undertake to update any forward-looking statements herein,
except as required by applicable securi Ɵes laws. All forward -looking statements contained in this news
release are expressly qualified by this cauƟonary statement.